Nordic Fintech Snippets – July-August
We decided to skip publishing the July Fintech Snippets separately and combine it with August, because we didn’t expect that much news from the holiday season. We were wrong!
A vast amount of activities have happened in the field recently, starting from new Danish fintech unicorns Pleo and Lunar, to significant M&A actions by Finnish Fellow Finance and EVLI Bank, and Swedish Svea Ekonomi and P.F.C. to create new Nordic challenger banks.
You can read all the recent news from these snippets. Also, remember to have a look at our event calendar at the bottom.
This is Nordic Fintech Snippets, the combined effort of all the Nordic Fintech Hubs, sharing the most important and latest news in fintech and digital finance from each country.
Country specific news
Finland
Invoice finance startup Arex completes €8.8m series A funding
Fellow Finance and Evli Bank will merge to form a new challenger bank
Blue Finance obtains a consumer finance license in Denmark
Denmark
Danish B2B fintech Pleo hits unicorn status
Nordic challenger Lunar raises €210 million
Danish pension fund Velliv rolls out open banking payments with Aiia
Voyager Digital Snaps Up Crypto Payments Firm Coinify for US$84 Million
Aryze raised DKK 5.8 million via Keystones
HelloFlow Raises $1.6M in Seed Funding
Iceland
Rapyd to acquire Iceland’s Valitor for $100 million
Sweden
Opti to raise SEK 44 million in new capital from angel investors from Sweden.
Handelsbanken to sell card acquiring business to Worldline
Willa Pay in a $18 million funding round
Insurello raised SEK 150 million
Limina in a $3 million funding round
Klarna acquires social shopping outfit Hero
Hejmo was acquired by Spiltan in a SEK 25 million deal
Klarna buys German shopping app Stocard
Klarna shopping spree continues with acquisition of APPRL
Swedish Fintech Invoier Bags EUR 4.1 Million From the European Union
Resurs Bank to launch direct payment solutions through its partnership with Trustly
Qred teams with Enfuce to provide instant access to credit for small businesses
Svea Ekonomi and P.F.C. join forces
Norway
ZTL raised almost NOK 20 million
Astat raised the capital in a NOK 2.8 million funding round
Future events
1.9. The Future of Money – meet Citi, Mastercard & MiraiEx
13.-15.9. Copenhagen Fintech Week
15.9. Nordic Fintech Trends 2021 – #Finland
12.10. Nordic Fintech Trends 2021 – #Sweden
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